KASPA CHANCE FOR LONG (FUTURES TRADE)A coin that has a similar movement as the ADA cardano in 2021, and also of fundamental quality. It is one of the coins that appeared first in terms of strength when the euphoria began in 2023. Now it would be wisest to be patient because futures are in question.
When we look at the futures trade, wait for the FVG to fill up, which would lead to a drop of 20% (the probabilities are small, but the point is certainty)
When we invested it was low 0.11 and 0.12, now we approach completely differently. And if we miss a trade, our money is still working for us.
This is a very important reaction because it shows that customers have taken over and that the correction is complete. We were in that range for a long time, a huge consolidation. I can very well target $0.55, but for now it is important to follow the set up.
Feel free to show support with like,
Altcoins
Altcoins ready to dump soon.The market cap saw a significant rise from 2017 to 2021, peaking above 1.2T USD.
This was followed by a sharp decline, and subsequent fluctuations between 2021 and 2023.
There is a prominent dip into a highlighted blue zone around late 2022 to early 2023, suggesting a strong support level.
Future Projections (2024-2031):
The projection line indicates a rise in market cap approaching 800B in 2024-2025, touching a region marked as "Buyside Liquidity."
A recommended shorting point is marked in early 2025, suggesting a peak before a decline.
The market cap is projected to dip back into the blue support zone by 2026.
Another significant drop is anticipated around 2027, reaching another highlighted grey support zone, where a buy opportunity is suggested.
Annotations
Short here: Indicated near the projected peak in 2025, suggesting this as an optimal point to short the market.
Buy here: Indicated in the projected dip around 2027, suggesting this as an optimal point to buy.
This analysis can guide investors in timing their trades based on historical trends and projected market movements.
Cardano Is approaching the downtrendHey Traders, in today's trading session we are monitoring ADAUSDT for a selling opportunity around 0.410 zone, Cardano is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.410 support and resistance area.
Trade safe, Joe.
01/07/24 Weekly outlookLast weeks high: $63,700.01
Last weeks low: $58,451.16
Midpoint: $61,075.58
Q2 ENDS - Q3 BEGINS
After a rough quarter of sideways chop, ranging between ~$56K-73K it's safe to say that the last 3 months has been a tough one for the crypto markets. Despite the frustration with price it's important to realise the positive elements of the last quarter. The ETH ETF approval, THE HALVING, consolidation at the '21 ATH level are all bullish for the industry as a whole.
As the weekly, monthly and quarterly all close, July 1st almost feels like a new chapter, one that needs to begin strong. Last week we saw BTC dip to the 1D 200EMA for the first time this calendar year. This is not uncommon in a Bullrun, a bounce off that moving average while it is trending up is often a good R:R entry level for a HTF position. This lines up well with how last week played out and until price breaks below the moving average and changes its trend direction, I do not believe we have reason to panic.
As the first few trading hours of the new quarter have completed we can see that there is a clear S/R level at the 0.75 range line that was flipped, I would like to see a positive reaction off any retest of that level. As I stated before starting a new quarter positively can have a positive impact. Staying above $62,400 is important in the short term, $65,000 is resistance and an important S/R zone.
In the altcoin market tomorrow is an exciting day as the ETH ETF goes live , we've seen what an ETF can do with BTC and potentially the same thing can happen with ETH, the difference in my opinion is that institutions and larger investors were all expecting the BTC ETF to be approved when it did. However, I do not believe that those same players expected ETH ETF's to be approved as soon as they did. It is no secret that the SEC has been arguing that Ethereum is a security and therefor comes under the SEC's regulatory power which was always a point of contention and made ETF approval unlikely. Now that the probe has been dropped by the SEC and they have relinquished power over the cryptocurrency, the ETF is set to go live and I believe the big players just weren't prepared for this to happen so quickly hence the delay in price movement comparable to BTC. We shall see if this delayed response continues as trading goes live but I have no doubt that over the long term this is a net positive for ETH and the altcoin market.
In the broader alt space we can see clear signs of seller exhaustion . BTC dropped 10% last week and most alts didn't react anywhere near as negatively as this move usually does. That to me is a clear sign that sellers are all sold out and that buyers are happy to DCA in at these levels to balance price.
This week I am keeping an eye on those altcoins that outperformed BTC last week on their BTC pairs with good fundamentals as these alts will perform the best on the next rally. ETHEREUM ETF trading is the main talking point of the week and I will be monitoring that closely.
GOOD LUCK FOR Q3
TRON Breakout And Potential RetraceHey Traders, in today's trading session we are monitroing TRXUSDT for a selling opportunity around 0.12600 zone, TRX was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.12600 support and resistance area.
Trade safe, Joe.
Anticipating a MANTAUSDT Crash: Could the Downside Exceed 60%?Hi Realistic Traders, let's delve into the technical analysis of BINANCE:MANTAUSDT !
On the Daily timeframe, MANTAUSDT is presenting a clear double-top pattern , a classic bearish signal indicating a potential reversal from an uptrend to a downtrend. The recent breakout of the neckline, paired with a surge in volume above the volume MA line, amplifies the downward momentum. With the MACD Indicator firmly in the negative zone, the stage is set for continued downside movement, targeting our first target at 1.107. Once achieved, we anticipate a revisit to the neckline or the pullback zone before the bearish bias extends towards our second target at 0.788, the 2.618 Fibonacci ratio.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on CADJPY."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
LISTAUSDT Is Atttempting To Breakout The TrendHey Traders, in today's trading session we are monitoring LISTAUSDT for a selling opportunity around 0.6850 zone, LISTAUSDT is trading in an uptrend and currently seems to be attempting to break it out. If we get dips below 0.6850 support we will be looking for a retrace of the trend towards more lows.
Trade safe, Joe.
Bitcoin & Ethereum is it really going to crash?
We experienced another sell-off in cryptocurrencies, bringing BTC back below $59K. As a reminder, we still have a second limit set at $55,236 for a Bitcoin swing trade, and we plan to hold this position as we approach this level. This limit has been in place for several months, and sometimes patience is required. Our limit is precisely at the 24 Q1VWAP and 21 VAH, aiming to capture the resting liquidity below the recent low in May.
For ETH, we are watching the 22 Q1VWAP and 21 Q3VWAP levels to hold, as they have successfully done so four times previously. This would be a favorable retest, potentially leading to an attempt to reach the EUROTLX:4K range again.
With both BTC and ETH, we are anticipating the end of this sell-off, considering potential spot purchases in BTC and some altcoins if they experience another (maybe last) downward move.
Ethereum Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring ETHUSDT for a selling opportunity around 3380 zone, Ethereum was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3380 support and resistance area.
Trade safe, Joe.
Solana Hits Big Resistance and Drops to SupportGood Morning Traders,
It's important to review price action on Solana because it is our fourth largest altcoin (excluding stables) and does lead much of our altcoin market now in this position.
The inverse head and shoulders pattern is playing out thus far.
Solana touched my $122 support precisely before bouncing and rounding the bottom of our right shoulder.
The 200 day SMA helped to hold price for support.
Price then exceeded our .618 Fib fan level which intersected with a level I had drawn at $145. This now becomes support.
Price had attempted to move higher but there is great resistance ahead on both our price chart and the RSI chart below. Both charts show big areas of confluence that are acting as major resistance. If the bulls can get above these, we are then safe to tackle that neckline. Once broken, we should have a price target of $235-245 before more rest.
Don't forget, holiday weekends often give crypto a big boost. With the 4th of July being a big holiday here in the U.S., I would not be surprised to see price movement float up over the long weekend.
Stew
BTC.D looking to decrease -> Altcoin Run until the end of 2024- Yearly range provided a reversal point with a clean market strcuture shift to the uspide, which price bounced off from to the 50% of the range.
In range trading we call this take profit nr 1.
- Price now usually bounces off a bit from the 50% (which price is currently at) into a FVG (marked in blue) / support level targetting the high of the range.
With the expectation to drop into the fvg, altcoins should witness a push to the upside until the end of the year 2024.
Afterwards we are expecting a rapid upmove of BTC.D to target 2 until the year of 2027, which would result in altcoins bleeding out.
This idea gives us a great confluence with the TOTAL3 chart analysis, which we published before. You should have a look at this as well.
(www.tradingview.com)
POPCATUSDT - Prime Opportunity for a Short Trade?Hey there! We've seen some exciting price action with Popcat recently, but it looks like the party might be cooling down. Let’s explore why now might be the perfect time to consider a short trade targeting the naked Point of Control (nPOC), which aligns beautifully with the Volume Weighted Average Price (VWAP).
Popcat made another impressive surge, taking out its previous high. However, after this breakout, it quickly retraced. The daily time frame has shown its first significant rejection red candle, indicating that the bulls might be running out of steam.
Signs of weakness:
Hovering Below mOpen: This is a clear sign of potential weakness. If the price stays below mOpen, we could see further downside.
Decreasing Volume: Volume is steadily declining, another indicator that the bullish momentum is fading.
If we see continued weakness and further rejection candles on the daily time frame, the next levels of support will come into play.
While Popcat has had an impressive run, the current signs point to a likely retracement. Keeping an eye on key levels and volume will be crucial in navigating the next moves.
What are your thoughts on this update? Are you preparing for the dip or expecting another bounce? Share your insights below!
FTMUSDT Potential DownsidesHey Traders, in today's trading session we are monitoring FTMUSDT for a selling opportunity around 0.67000 zone, FTMUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.67000 support and resistance area.
Trade safe, Joe.
Cryptocap Crypto Total Market Cap - Idea IHey guys
2023 printed a bullish setup - retest of old high.
-> it also closed above the middle line of the bearish engulfing candle -> second bullish indicator.
-> grey zone and old highs of 2.1T - 3T will be monitored.
-> still somewhat bearish below 3.1
Quarterly: Neutral - Inside bar and retesting middle line of Q1
-> still in bullish territory because it closed above major support…
-> inside Bar will be monitored (range)
Monthly chart: Bearish close -> 3 Months weakness
-> Stochastic turned down - 2.4T and 2T will be the showdown area - grey Box which will act as support or resistance.
-> still in an uptrend indicated by the rising Trendline.
3D: Testing a bullish Trendline - Bullish Setup on this Frame
-> still in a declining trendline / Consolidation
Thanks for reading
Binance Coin - BNB Cryptocap / Idea I hey guys,
Yearly candle: inside bar - indication of possible upmove.
-> targets : 84 and 117 (previous ATHs)
-> levels are crucial for a resumed uptrend to be in place on the yearly chart.
Quarterly: Shooting Star below "showdown zone" - fib extension box from the yearly inside bars range BUT above 85. = Indecision - Balanced market.
-> Stochastic is bullish but reached OB zone.
Monthly: Confirming Quarterly… -Consolidation
-> shooting star with a long wick -> bulls be careful!
-> 80-85B becomes the crucial support area
-> stochastic has turned down
-> bearish setups all together
3D: Consolidation at Showdown spot
-> break will be necessary for a confirmation of Bias
-> Quarterly High and low, Monthly high and low will be visited / reaction will be monitored
Thanks for reading
ETH - Now We Wait!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been bearish trading within the falling channel pattern marked in orange.
Currently, ETH is approaching the lower bound of the channel.
Moreover, it is retesting a strong demand zone $3,100 - $3,200.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower orange trendline acting as a non-horizontal support.
📚 As per my trading style:
As #ETH approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CryptoCap - ETH / Ethereum - Idea II - Triangle PlayHey guys,
yearly chart: bullish setup with targets around 435 and 577. (recent ATHs on closing base and by wick )
Quarterly: After a strong Q1 gain we see a trading back below 435 printing an inside bar... : bearish setup at a strong resistance level. Range of this quarter will be monitored closely on the 3D chart.
Monthly: 4 Months of weakness - with the last one not being able to reach the highs of the range.
-> Stochastic is turning down after forming a double top
-> Bullish trendline is still intact. It seems to be the last support before the lower high scenario will be in play. - alternatively looking at the triangle: waiting for a break of this structure and a retest
3D: very interesting. we see a consolidation of course - but there might be a fractal in play if you compare the 3D to the monthly chart.
However, I am seeing a bearish setup with an invalidation above 435. - keeping in mind that the yearly is still pointing up so we could easily be going just up from here.
thanks for reading…
POPCATUSDT - Ready for a Correction or Another Surge?Hey crypto enthusiasts! Let’s dive into the latest hot coin on the market: Popcat (POPCAT). With a massive 231% surge in just 8 days, all eyes are on whether this coin is poised for a correction or another leg up. Let's break it down!
Recent Surge: What's Behind the Hype?
Popcat coin has taken the market by storm, surging a staggering 231% in just over a week. But as the saying goes, what goes up must come down—at least for a little while. So, are we looking at a healthy correction, or does Popcat have more room to run?
Volume and Price Action: Signs of a Potential Pullback?
Decreasing Volume: One of the first warning signs is the decreasing volume. A surge on low volume often indicates weakening momentum.
Lower Higher High: Another signal of a potential pullback is the pattern of lower higher highs. This suggests that buyers are starting to lose steam.
Key Levels to Watch: Fibonacci and Support Zones
Fibonacci Retracement Levels:
Fib 0.5 of the Entire Wave: Close to the Naked Point of Control (nPOC) at $0.4681.
Negative Fib 0.618 of the Current Wave: Also exact on nPOC.
Anchored VWAP:
The Anchored VWAP is acting as support near the Fib 0.5 level of the entire wave, adding another layer of significance to this zone.
dOpen:
Losing dOpen would signal weakness and could lead to a run on the lows to grab liquidity.
Strategy: Preparing for the Next Move
Watch the $0.4681 Level: This is a crucial support zone. If it holds, we might see another surge.
Monitor Volume: Keep an eye on volume. Increasing volume with a price bounce from the $0.4681 level could indicate renewed buying interest.
Set Alerts for dOpen: If the price loses dOpen, be ready for a potential dip to lower support levels.
Final Thoughts: What's Next for Popcat?
Popcat has shown incredible growth, but the current signals suggest we might be in for a correction. Keep a close eye on the $0.4681 level and volume trends. Whether you're looking to enter or exit, these insights should help you navigate the volatility.
What are your thoughts on Popcat? Ready for a dip or another surge? Share your insights below!